TB MC Qu. 11-68 (Algo) Advanced Computer Solutions, Inc. has two main... Advanced Computer Solutions, Inc. has two main services: (1) time on a timeshared computer system, and (2) proprietary computer programs. The operation department (Op) provides computer time and the programming department (P) writes programs. The percentage of each service used by each department for a typical period is: User Op P Sold to customers Supplied Op P 40% 25% 75% 60% In a typical period, the operation department (Op) spends $4,600 and the programming department (P) spends $2,600. Under the reciprocal method what is the algebraic solution to the cost allocation problem? Multiple Choice Op = $4600 - 040P, P = $2,600 +0.250p by In a typical period, the operation department (Op) spends $4,600 and the programming department (P) spends $2,600. Under the reciprocal method what is the algebraic solution to the cost allocation problem? 31 Multiple Choice Op=$4,600+ 0.40P; P = $2,600 +0.250p. Op = $2,600+ 0.40P: P = $4,600 +0.250p. Op = $4,600 +0.75P: P = $2,600 +0.600p. Op = $2,600 +0.75P, P = $4,600+ 0.600p. TB MC Qu. 11-81 (Algo) Great Falls Company makes two products... Great Falls Company makes two products, Wool Gloves and Wool Mittens. They are initially processed from the same raw material and then, after split-off, further processed separately. Additional information is as follows: Final Sales Price Joint Costs Prior to Split-Off Point Costs Beyond Split-Off Point Gloves $9,600 ? $3,200 Mittens $6,660 ? $3,200 Total $ 16,260 $ 7,888 $ 6,400 What are the joint costs allocated to Gloves and Mittens assuming Great Falls uses the estimated net realizable value approach? A. B. C. D. Gloves $3,944 $4,689 $5,120 $5,280 Mittens $3,944 $3,208 $2,768 $2,608 Multiple Choice Option C Activate Wind Go to Settings to Gloves A. $3,944 B. $4,680 C. $5,120 $5,280 Mittens $3,944 $3,208 $2,768 $2,608 D. 7 Multiple Choice O Option C Option A O Option D Option B